MALAYSIA AIRPORTS HOLDINGS BHD (MAHB:KL) launches Malaysia’s inaugural observation deck at KLIA
Malaysia Airports Holdings Bhd (MAHB) today launched the country’s first outdoor aircraft observing deck (Anjung Spotter) at the Kuala Lumpur International Airport (KLIA).
The deck is located at Jalan Pekeliling next to Runway 32 Left (32L) which MAHB said well-positioned to be the next joyful experience and insta-worthy spot for aviation aficionados.
Built at a cost of RM300,000, the deck is constructed within the 10km x 10km perimeters of KLIA aims to create a joyful experience for both Malaysians and international visitors.
Group chief executive officer Raja Azmi Raja Nazuddin said it was the brainchild of MAHB’s social media team who listened and worked closely with friends from the aviation community.
With the new elevated facility that can accommodate 40 people, the public can also enjoy and capture panoramic moments of various aircraft taking off and landing from a strategic location.
Raja Azmi said the deck is a symbol of MAHB’s commitment in elevating the airport experience while creating a joyful memories for guests.
“Previously, we used to see the entire family enjoying delicious meals near the airport while they watch planes fly past them.
“These days, young enthusiasts planes spotters armed with cameras are spending their evenings near airports across the nation just to take pictures shots of the beautiful flying planes,” he said.
Raja Azmi said the airport operator planned to make the deck a must visit destination for guests setting foot at KLIA.
“There are currently many international plane spotters who fly to Malaysia to meet up with their counterparts here before going on a photography adventure at the airport,” he added.
Also present include MAHB chairman Tan Sri Zainun Ali, MAHB chief operating officer Datuk Mohd Shukrie Mohd Salleh and AirAsia group chief executive officer Tan Sri Tony Fernandes and Royal Malaysian Air Force Commander Air Region 1 Major General Datuk Zahani Zainal Abidin.
Overall, the bias in prices is: Upwards.
Note: this chart shows extraordinary price action to the upside.
By the way, prices are vulnerable to a correction towards 7.55.
The projected upper bound is: 8.42.
The projected lower bound is: 7.57.
The projected closing price is: 8.00.
A black body occurred (because prices closed lower than they opened).
During the past 10 bars, there have been 6 white candles and 3 black candles for a net of 3 white candles. During the past 50 bars, there have been 22 white candles and 21 black candles for a net of 1 white candles.
Momentum is a general term used to describe the speed at which prices move over a given time period. Generally, changes in momentum tend to lead to changes in prices. This expert shows the current values of four popular momentum indicators.
One method of interpreting the Stochastic Oscillator is looking for overbought areas (above 80) and oversold areas (below 20). The Stochastic Oscillator is 70.2857. This is not an overbought or oversold reading. The last signal was a sell 0 period(s) ago.
Relative Strength Index (RSI)
The RSI shows overbought (above 70) and oversold (below 30) areas. The current value of the RSI is 64.66. This is not a topping or bottoming area. However, the RSI just crossed below 70 from a topping formation. This is a bearish sign. A buy or sell signal is generated when the RSI moves out of an overbought/oversold area. The last signal was a sell 0 period(s) ago.
Commodity Channel Index (CCI)
The CCI shows overbought (above 100) and oversold (below -100) areas. The current value of the CCI is 88. This is not a topping or bottoming area. The last signal was a sell 0 period(s) ago.
The Moving Average Convergence/Divergence indicator (MACD) gives signals when it crosses its 9 period signal line. The last signal was a buy 9 period(s) ago.
Rex Takasugi – TD Profile
MALAYSIA AIRPORT closed down -0.190 at 7.980. Volume was 40% below average (neutral) and Bollinger Bands were 80% wider than normal.
Open High Low Close Volume___
8.180 8.180 7.930 7.980 1,699,500
Short Term: Overbought
Intermediate Term: Bullish
Long Term: Bearish
Moving Averages: 10-period 50-period 200-period
Close: 7.81 7.29 8.00
Volatility: 41 37 31
Volume: 2,559,300 3,128,010 2,735,537
Short-term traders should pay closer attention to buy/sell arrows while intermediate/long-term traders should place greater emphasis on the Bullish or Bearish trend reflected in the lower ribbon.
MALAYSIA AIRPORT is currently 0.3% below its 200-period moving average and is in an upward trend. Volatility is high as compared to the average volatility over the last 10 periods. Our volume indicators reflect volume flowing into and out of MAHB.KL at a relatively equal pace (neutral). Our trend forecasting oscillators are currently bullish on MAHB.KL and have had this outlook for the last 8 periods.